Which of the following activity is related to the tertiary sector of the economy?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Storage
The industry that provides services to aid in the growth of the primary and secondary industries like transportation, banking, trade, warehousing, etc.
- One activity in the primary sector is dairy farming.
- In the tertiary sector, services are rendered to both ultimate consumers and other enterprises.
- In the case of financial services, pest treatment, wholesale and retail sales, and other related industries, services may entail the transportation, distribution, and sale of items from a producer to a customer.
- As is the case in the restaurant business, the products may change during the course of rendering the service.